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4101 Old Denton Rd Haltom C...

Ryder Integrated Logistics Signs 234,478 SF Industrial Lease In Haltom City
LEASEDIndustrial

Ryder Integrated Logistics Signs 234,478 SF Industrial Lease In Haltom City

4101 Old Denton Rd Haltom City, TX 76117, USA

Building Size

234,478 SF

Asset Type

Industrial

Closing

Jul 13, 2023

AI

Ryder Integrated Logistics has signed a 234,478-square-foot industrial lease at Northmark Commerce Center in Haltom City, Texas. The cross-dock facility spans 20 acres and was negotiated by Cresa on behalf of the tenant and Holt Lunsford Commercial on behalf of the landlord, Creation Equity.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not mentioned in CONTEXT
  • Address: 4101 Old Denton Road
  • Market: Haltom City
  • Landlord: Creation Equity
  • Tenant: Ryder Integrated Logistics
  • Landlord's Rep: Matt Carthey & George Jennings - Holt Lunsford Commercial
  • Tenant's Rep: Brad Struck & Clint Manning - Cresa

The deal involved Ryder Integrated Logistics leasing the industrial space at Northmark Commerce Center. The lease was negotiated by Cresa, representing the tenant, and Holt Lunsford Commercial, representing the landlord, Creation Equity. The facility, which is located in Haltom City, Texas, is a cross-dock facility spanning 234,478 square feet on a 20-acre plot of land.

Players

Matt Carthey

Holt Lunsford Commercial

Broker

27 deals

Broker
CE
Creation EquityLandlord

Haltom City Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93